Sunday, October 30, 2016

Monday:
• At 8:30 AM ET, Personal Income and Outlays for September. The consensus is for a 0.4% increase in personal income, and for a 0.5% increase in personal spending. And for the Core PCE price index to increase 0.1%.

• At 9:45 AM, the Chicago Purchasing Managers Index for October. The consensus is for a reading of 54.3, up from 54.2 in September.

• At 10:30 AM, the Dallas Fed Survey of Manufacturing Activity for October. This is the last of the regional Fed surveys for October.

Oil prices were down over the last week with WTI futures at $48.70 per barrel and Brent at $49.71 per barrel. A year ago, WTI was at $47, and Brent was at $48 - so oil prices are UP slightly year-over-year.

Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.20 per gallon - a year ago prices were $2.18 per gallon - so gasoline prices are up slightly year-over-year.